How to Apply for a Virtual Credit Card?
3 Jun, 2024
Synopsis
Virtual Credit Cards offer the benefits of a typical Credit Card while existing solely in an electronic form.
The Pixel Play Credit Card is a customisable virtual Credit Card which simplifies day-to-day transactions and offers customisation options based on your lifestyle needs.
Applying for, managing and personalising your own Pixel Play Credit Card can all be done on PayZapp.
Credit Cards are a convenient way to make a wide range of payments. Today, you can find Credit Cards that are completely virtual and offer almost all the benefits of a regular Credit Card. The difference? The former, as the name suggests, only exists virtually, most likely in a Credit Card app on your smartphone. With a simple swipe on your smartphone, you can make payments and purchases anytime, anywhere. Moreover, virtual Credit Cards, like the Pixel Play Credit Card offers customisable benefits and various reward offers on the transactions you make. So, continue reading to learn more about how to get a digital Credit Card today.
What are Digital Credit Cards?
Digital Credit Cards are virtual versions of traditional Credit Cards. They can be used for online purchases, in-app transactions and contactless payments. When making a purchase or settling bills, you can enter these details or tap your smartphone on a contactless payment card swipe machine.
How to Apply for a Digital Credit Card
The process of applying for a digital Credit Card can vary across card issuers. Typically, it involves downloading the card issuer’s virtual Credit Card application on your phone and applying for it. To learn how to apply for a virtual Credit Card, like the Pixel Play Credit Card, follow the steps below:
Download or update HDFC Bank’s PayZapp app from the Google Play Store (for Android users) or the App Store (for iOS users).
Search for the 'Apply Now for Pixel Play' banner on the PayZapp homepage and click on it to get started.
Things to Remember When Applying for a Digital Credit Card
Now that you know how to get a virtual Credit Card, here are some considerations to keep in mind when applying:
Credit Score Criteria
Your credit score is a reflection of how disciplined you are with your debt repayments. A higher credit score, typically above 750, increases your chances of securing a Credit Card.
Fees and Charges
Before applying for a virtual Credit Card, carefully review the associated fees and charges. These may include joining fees, annual fees, late payment fees and interest rates.
Rewards and Benefits
Check the rewards programmes and benefits offered by the virtual Credit Card. Choose a card that satisfies your spending priorities and lifestyle preferences. The Pixel Play Credit Card, for instance, helps you earn cashback when you make purchases from specific merchant categories.
Credit Limit and Spending Controls
Check the credit limit and spending controls offered by the virtual Credit Card. Some virtual cards may allow you to set custom spending limits. On the other hand, others may offer dynamic spending limits based on your creditworthiness and spending patterns. Opt for a card that best suits your needs.
Application Process and Approval Time
When choosing a virtual Credit Card, consider the ease and speed of the application process. Look for a card that offers a streamlined application process with minimal documentation requirements and quick approval time.
Notable Features of the Pixel Play Credit Card
Here are some of the notable features of the Pixel Play Credit Card you ought to know:
Quick Digital Onboarding
You can enjoy a seamless digital onboarding experience when you apply for the Pixel Play Credit Card on PayZapp. Instant approvals, upon fulfilling the eligibility criteria, allow you to start using your card immediately.
Customisation
You can personalise your Pixel Play Credit Card by selecting preferred merchants for cashback. You can also set your billing cycle date as per your preference and choose the colour of your virtual card.
Contactless Payment
The Pixel Play Credit Card enables ‘Tap to Pay’ and ‘Swipe to Pay’ features through PayZapp. So, you can enjoy the convenience of contactless and quick payments when making both offline and online payments, respectively.Easy Card Management
You can manage your Pixel Play Credit Card digitally within PayZapp. You can also access features like card controls, rewards, EMI dashboards, statements and more. This makes managing your virtual Credit Card easy.Pay in Parts
You can convert your Pixel Play Credit Card outstanding balance to low-cost EMIs via PayZapp. Once done, you can conveniently manage them through the in-app EMI dashboard.
Interest-Free Credit Period
With the Pixel Play Credit Card, you can benefit from an interest-free period of up to 50 days from the date of purchase. This gives you enough time to manage your expenses and make payments without incurring any interest charges.
Enjoy Seamless Payments on the Go with Pixel Play Credit Cards
Designed for easy contactless payments, the Pixel Play Credit Card is the answer to hassle-free transactions. Available exclusively on PayZapp, it boasts appealing features that help you settle bills and indulge in online shopping sprees effortlessly. Experience the future of payments today – apply for your very own Pixel Play Credit Card.
*Disclaimer: and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Credit Card approvals are at the sole discretion of HDFC Bank Limited. Credit Card approvals are subject to documentation and verification as per the Bank's requirement. Interest rates are subject to change. Please check with your RM or closest bank branch for current interest rates.
